CFTC

The U.S. Senate has confirmed crypto-friendly lawyer Mike Selig as the subsequent chair of the Commodity Futures Trading Commission (CFTC), ending a chronic interval of management uncertainty at one of many nation’s most vital monetary regulators. The affirmation handed Thursday as a part of a mass approval of federal nominees, with senators voting 53–43 underneath…

Michael Selig, President Donald Trump’s nominee to lead the Commodity Futures Trading Commission, is set to face a full Senate affirmation vote as early as “this afternoon” following a 12-11 party-line committee approval final month. The vote comes at a pivotal second for U.S. crypto regulation, with the CFTC poised to assume sweeping new authority…

President Donald Trump’s nominee to guide the Commodity Futures Trading Commission, Michael Selig, moved one step nearer to affirmation on Thursday after the Senate Agriculture Committee voted 12–11 alongside occasion strains to advance his nomination. The resolution sends Selig to the total Senate for a carefully watched affirmation vote, coming at a time when the…

Michael Selig, a senior Securities and Exchange Commission (SEC) official and pro-crypto voice, is ready to face a pivotal Senate affirmation listening to subsequent week for his nomination to guide the U.S. Commodity Futures Trading Commission (CFTC). The listening to, scheduled for Wednesday, November 19, at 3:00 p.m., marks an important second for the company…

A brand new bipartisan crypto market construction invoice within the U.S. Senate may dramatically develop the powers of the Commodity Futures Trading Commission (CFTC), giving it sweeping oversight of digital commodities, however unresolved gaps and political gridlock nonetheless threaten its passage. The dialogue draft, released by Senate Agriculture Committee Chairman John Boozman (R-AR) and Senator…